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Vickers Shipbuilding And Engineering
Vickers Shipbuilding and Engineering, Ltd (VSEL) was a shipbuilding company based at Barrow-in-Furness, Cumbria in northwest England that built warships, civilian ships, submarines and armaments. The company was historically the Naval Construction Works of Vickers Armstrongs and has a heritage of building large naval warships and armaments. Through a complicated history the company's shipbuilding division is now BAE Systems Submarine Solutions and the armaments division is now part of BAE Systems Land & Armaments. History The company was founded in 1871 by James Ramsden as the Iron Shipbuilding Company, but its name was soon changed to Barrow Shipbuilding Company. In 1897, ''Vickers & Sons'' bought the ''Barrow Shipbuilding Company'' and its subsidiary the ''Maxim Nordenfelt Guns and Ammunition Company'', becoming ''Vickers, Sons and Maxim, Limited''. The shipyard at Barrow became the Naval Construction & Armaments Company. In 1911 the company was renamed ''Vickers Ltd'', an ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited companies) and private companies (private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the ' ...
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Cammell Laird
Cammell Laird is a British shipbuilding company. It was formed from the merger of Laird Brothers of Birkenhead and Johnson Cammell & Co of Sheffield at the turn of the twentieth century. The company also built railway rolling stock until 1929, when that side of the business was separated and became part of the Metropolitan-Cammell Carriage & Wagon Company. History Formation from merger of Laird Company and Cammell & Co. The Laird Company was founded by William Laird, who had established the Birkenhead Iron Works in 1824. When he was joined by his son, John Laird in 1828, their first ship was an iron barge. John realised that the techniques of making boilers could be applied to making ships. The company soon became pre-eminent in the manufacture of iron ships and also made major advances in propulsion. In 1860, John Laird was joined in the business by his three sons, renaming the company John Laird, Sons & Co. The sons continued the business after their father's death in 187 ...
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Port Of Barrow
The Port of Barrow refers to the enclosed dock system within the town of Barrow-in-Furness, England. Morecambe Bay is to the east of the port and the Irish Sea surrounds it to the south and west. The port is currently owned and operated by Associated British Ports Holdings, but some land is shared with BAE Systems Submarine Solutions. Currently consisting of four large docks, the Port of Barrow is one of North West England's most important ports. The docks are as follows: Buccleuch Dock, Cavendish Dock, Devonshire Dock and Ramsden Dock. The port of Barrow is the only deep water port between the Mersey and the Clyde. Barrow shipyard is one of the largest in the United Kingdom (it has built well over 800 vessels in its history), rivalled only by those in Belfast, Birkenhead and Govan. It is also home to the country's only submarine production facility. The port is heavily involved with the transportation of natural gases and other forms of energy from local sites such a ...
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BAE Systems Submarines
BAE Systems Submarines,BAE Systems Submarine Solutions was split out from BAE Systems Marine and operated as such until January 2012. It was named BAE Systems Maritime - Submarines until 2017 before it became BAE Systems Submarines. is a wholly owned subsidiary of BAE Systems, based in Barrow-in-Furness, Cumbria, England, and is responsible for the development and production of submarines. It operates one of the few shipyards in the world capable of designing and building nuclear submarines, which has constructed all but three of the Royal Navy's nuclear-powered submarines since the commissioning of in 1963. History BAE Systems Submarines operates one of the few shipyards in the world capable of designing and building nuclear submarines, which has constructed all but three of the Royal Navy's nuclear-powered submarines since the commissioning of in 1963. The exceptions were , and , which were built by Cammell Laird. The Barrow-in-Furness shipyard has also been buil ...
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BAE Systems Marine
BAE Systems Marine Limited was the shipbuilding subsidiary of BAE Systems, formed in 1999, which manufactured the full range of naval ships; nuclear submarines, frigates, destroyers, amphibious ships. In 2003 BAE Systems Marine was split into separate submarine and surface ship units; BAE Systems Submarines and BAE Systems Naval Ships. The latter was merged into a BAE Systems/VT Group joint venture, BVT Surface Fleet in 2008, which subsequently became BAE Systems Surface Ships in 2009. History BAE Systems Marine was created following the merger of Marconi Electronic Systems (MES) and British Aerospace (BAe) to form BAE Systems in 1999. Like other parts of the business (e.g. Marconi Avionics) the former Marconi Marine was required to be "firewalled" within the new company. Marconi Marine owned the major assets which made up BAE Systems Marine: * BAE Systems Marine (YSL) * BAE Systems Marine (VSEL) * BAE Systems Marine (Kvaerner Govan) In 2003 the YSL and Govan shipyards were ...
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Marconi Electronic Systems
Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of General Electric Company (GEC). It was demerged from GEC and bought by British Aerospace (BAe) on 30 November 1999 to form BAE Systems. GEC then renamed itself Marconi plc. MES exists today as BAE Systems Electronics Limited, a subsidiary of BAE Systems, but the assets were rearranged elsewhere within that company. MES-related businesses include BAE Systems Submarine Solutions, BAE Systems Surface Ships, BAE Systems Insyte and Selex ES (now a part of Leonardo S.p.A.). History MES represented the pinnacle of GEC's defence businesses which had a heritage of almost 100 years. Following GEC's acquisition of Marconi as part of English Electric in 1968, the Marconi brand was used for its defence businesses, e.g. Marconi Space & Defence Systems (MSDS), Marconi Underwater Systems Ltd (MUSL). GEC's history of military products dates back to World War I with its contribution to the war ef ...
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Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (; born 21 March 1933) is a British politician and businessman. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served as a Conservative Member of Parliament from 1966 to 2001, and was a prominent figure in the governments of Margaret Thatcher and John Major, and served as Deputy Prime Minister and First Secretary of State under Major. Heseltine entered the Cabinet in 1979 as Secretary of State for the Environment, where he promoted the " Right to Buy" campaign that allowed two million families to purchase their council houses. He was considered an adept media performer and a charismatic minister, although he was frequently at odds with Thatcher on economic issues. He was one of the most visible "wets", whose "One Nation" views were epitomised by his support for the regeneration of Liverpool in the early 1980s when it was facing economic collapse; th ...
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Monopolies And Mergers Commission
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy. The Competition Commission replaced the Monopolies and Mergers Commission on 1 April 1999. It was created by the Competition Act 1998, although the majority of its powers were governed by the Enterprise Act 2002. The Enterprise Act 2002 gave the Competition Commission wider powers and greater independence than the MMC had previously, so that it could make decisions on inquiries rather than giving recommendations to Government, and was also responsible for taking appropriate actions and measures (known as remedies) following inquiries which had identifi ...
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Cold War
The Cold War is a term commonly used to refer to a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc. The term '' cold war'' is used because there was no large-scale fighting directly between the two superpowers, but they each supported major regional conflicts known as proxy wars. The conflict was based around the ideological and geopolitical struggle for global influence by these two superpowers, following their temporary alliance and victory against Nazi Germany and Imperial Japan in 1945. Aside from the nuclear arsenal development and conventional military deployment, the struggle for dominance was expressed via indirect means such as psychological warfare, propaganda campaigns, espionage, far-reaching embargoes, rivalry at sports events, and technological competitions such as the Space Race. The Western Bloc was led by the United States as well as a number of othe ...
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Options For Change
Options for Change was a restructuring of the British Armed Forces in summer 1990 after the end of the Cold War. Until this point, UK military strategy had been almost entirely focused on defending Western Europe against the Soviet Armed Forces, with the Royal Marines in Scandinavia, the Royal Air Force (RAF) in West Germany and over the North Sea, the Royal Navy in the Norwegian Sea and North Atlantic, and the British Army in Germany. With the collapse of the Soviet Union and the Warsaw Pact occurring between 1989 and 1991, a Soviet invasion of Western Europe no longer seemed likely. While the restructuring was criticised by several British politicians, it was an exercise mirrored by governments in almost every major Western military power: the so-called peace dividend. Total manpower was cut by approximately 18 per cent to around 255,000 (120,000 army; 60,000 navy; 75,000 air force). Other casualties of the restructuring were the UK's nuclear civil defence organisations, ...
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British Aerospace
British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc, to form BAE Systems. History Formation and privatisation The company has its origins in the Aircraft and Shipbuilding Industries Act 1977, which called for the nationalisation and merger of the British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. On 29 April 1977, the new entity was formed in the United Kingdom as a statutory corporation. Under the provisions of the ''British Aerospace Act 1980'' on 1 January the statutory corporation was transferred to a limited company, which then re-registered as a public limited company (plc), under the name "British Aerospace Public ...
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